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What Can We Do If We Missed the PAYE Payment Deadline?

1 min read

Q: My company has missed the deadline to pay our employers’ PAYE bill. We owe £23,000 but the debt is only for the last year. What can we do? 

A:In cases like this, there is something called a Time to Pay arrangement, which HMRC may allow you to make use of. This gives businesses extra time to settle their bill by paying back in monthly instalments that are more affordable. The rules governing this have been made less stringent in recent times, widening the eligibility. Looking at the list of criteria, it would seem your business should qualify for this particular support – and you can set it up online. But that is predicated on checking the points below.

The Time to Pay arrangement is open for companies that pay via PAYE if they have missed the deadline to pay an employers’ PAYE bill, as in your case. You must owe £50,000 or less and have debts that are 5 years old or less – both of which in your case, is correct).

However, you also must be registered for digital services and not have any other payment plans or debts with HMRC. Lastly, to qualify, you must have sent any outstanding employers’ PAYE submissions and Construction Industry Scheme returns that are still due.

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